The Strategist
Companies & CEOs

Chinese Got Interested in Danish Bang & Olufsen - 03/22/2016

The Chinese company Sparkle Roll Group, specializing in sale of luxury goods, is negotiating purchase of the Danish manufacturer of luxury class audio and video Bang & Olufsen. For several years, the latter is reporting with a loss due to a fall in demand for audio and video systems. Possible amount of the transaction and its terms were not disclosed. Today it became known that a Hong Kong...

Sincerely Yours, Deutsche: The Bank On Which Mr. Trump Can Rely - 03/21/2016

On Monday, Dow Jones Agency published results of its own investigation, which shows that not only politicians, but also financiers feel very cool about the US presidential candidate Donald Trump. Nevertheless, there is a bank, on which Mr. Trump could always rely. It is Deutsche Bank, which provided loans of $ 3.5 billion in the long years of cooperation with Donald Trump and associated...

TransCanada To Buy Columbia Pipeline for $ 10.2 Billion - 03/18/2016

Canadian company TransCanada Corp. reached an agreement to purchase the US Columbia Pipeline Group for $ 10.2 billion, according to TransCanada’s report. TransCanada has agreed to pay $ 25.5 per Columbia’s share, what is 11% higher than the quotes at the close of trading on March 16. In addition, the Canadian company will take over an obligation to pay Columbia’s debt in the amount of $ 2.8...

China's Richest Businessman Threatens to Cease Investments in the UK - 03/17/2016

Li Ka-shing, China's richest businessman and Chairman of Hutchison Holdings Board of Directors intends to reduce investment in the British economy if Britain refuses membership in the European Union. It is reported by Bloomberg. Hong Kong billionaire has warned that if the UK goes out of the EU, then Hutchison will certainly reduce the investment in its economy. Li Ka-shing said that probability...

Deutsche Boerse and the London Stock Exchange Agreed on Terms of Merger - 03/16/2016

This morning, management boards of the Frankfurt and London stock exchanges announced harmonization of the conditions of the two marketplaces’ merger. Shareholders of Deutsche Boerse and the London Stock Exchange are recommended to support the deal worth £ 21 billion, which will be carried out through an exchange of shares and will lead to creation of the largest stock exchange in Europe. In a...

VW Got a Sucker Punch: Domestic Investors Sued the Company - 03/15/2016

German investors have decided to abandon patriotism, and have issued a class action lawsuit and submitted claims totaling $ 3.7 billion to Volkswagen. The plaintiffs are dissatisfied with the fact that the automaker is too slow to provide information on the diesel scandal. The suit has been registered in Braunschweig Regional Court on behalf of 278 institutional investors from Germany and other...

Italian Eni Company Launched Oil Production in the Arctic - 03/14/2016

Italian Eni company, together with Norway's Statoil have begun oil production in the Arctic waters of Norway for the first time in the history. Prior to this, developments had been carried out only in the lower latitudes with much less stringent climate. According to exploration, reserves of the Arctic shelf field ‘Goliat’ comprise at least 180 million barrels of oil. First production was delayed...

Coca-Cola Halved Payoff to Its CEO - 03/11/2016

The total amount of corporate payments to Coca-Cola’s head, the company's board chairman Muhtar Kent decreased by 42% at the end of 2015 - from $ 25.2 million to $ 14.59 million. "We have updated the annual incentive scheme program in order to prove the company's attention to the convergence of the maximum and minimum payments [to employees]. Reflecting the fact that 2015 was a transition for the...

Amazon Launches Its Own Air Delivery Service - 03/10/2016

On Wednesday, Amazon online retailer has agreed to lease 20 cargo planes to deliver goods ordered on the company’s website. Thus, the seller laid the foundation for its own service for air delivery of goods. According to experts, lease of 20 aircraft will allow the online retailer to control the delivery of 15% of its parcels. According to the statement issued on Wednesday, American online...

Lockheed Martin Is Losing Defense Contracts and Employees - 03/09/2016

Division for the production of aviation equipment of military-industrial corporation Lockheed Martin has announced the upcoming reduction of 1 thousand jobs. The program, which will take place on a voluntary basis, should help maintain competitiveness of the company, which missed recent large contracts. 1-thousand jobs cut, which accounts for 0.8% of the total number of employees, will affect...
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